As you probably know, the Small Business Administration (SBA) makes loans available to small businesses which would otherwise not qualify for a commercial loan. However, the SBA does not lend the money itself, rather it guarantees loans made to small businesses by commercial banks.
Many business owners think that SBA loans are a lot of paperwork and that it takes a lot of time to actually receive the money. This is not necessarily the case. The SBA offers so called Express Loans which can be approved within 36 hours.
The easiest way to learn about all the available SBA loans and get free assistance in applying for a loan is to visit one of the regional Small Business Development Centers.
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Posted by: ache | March 24, 2011 at 04:35 AM